37073 Locust Street, Newark, CA 94560
-
Listed Price :
$3,200,000
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Beds :
N/A
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Baths :
-
Property Size :
3,422 sqft
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Year Built :
1988
Property Description
Triplex + Large Developable Lot. Discover a prime investment at 37073 Locust St - a triplex consisting of the unit mix: 3 Bedroom / 1.5 Bath townhome style units with 2 stories and a backyard area. Then the adjacent large developable lot located at 7843 Railroad Ave has a soon-to-be approved site plan for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, both investment properties are close to major employers and popular amenities, making them ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
37073 Locust Street |
| City |
Newark |
| State |
CA |
| Zip |
94560 |
| County |
Alameda |
| Listing Agent |
Stephen Thaddeus Wawryk DRE #02140544 |
| Co-Listing Agent |
Danielle Davenport DRE #00954910 |
| Courtesy Of |
KW Bay Area Estates |
| List Price |
$3,200,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
3,422 |
| Lot Size |
7,500 |
| Year Built |
1988 |
Listing information courtesy of: Stephen Thaddeus Wawryk, Danielle Davenport, KW Bay Area Estates. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 7:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
